Chevron (HKG:2285) recorded an attributable profit of $112.5 million in 2024, compared with an attributable loss of $37.1 million a year prior, a Wednesday filing with the Hong Kong bourse said.

Earnings per share stood at $0.22 for the year, while the company incurred a loss per share of $0.07 in 2023.

Revenue for the manufacturer of power tools rose by 29% to $1.77 billion from $1.37 billion a year prior, primarily driven by its strong points-of-sales performance and higher volume of customer orders after the destocking cycle.

The firm recommended a final dividend of $0.0802 per ordinary share for the year, payable on or before June 23 to shareholders of record on May 29.